Sumitomo Mitsui Financial Group Inc operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sumitomo Mitsui Financial Group Inc with three other
banks in Asia:
State Bank of India
sales of 2.76 trillion Indian Rupees [US$42.15 billion]
of which 35%
was Retail Banking),
Ping An Bank Company Limited
(165.91 billion Chinese Renmimbi [US$24.03 billion]
of which 42%
was Wholesale Financial business), and
Mitsubishi UFJ Financial Group Incorporated
(5.71 trillion Japanese Yen [US$50.68 billion]
of which 68%
Sumitomo Mitsui Financial Group Inc reported sales of ¥4.74 trillion (US$42.00 billion)
March of 2016.
a very small
increase of 0.1%
versus 2015, when the company's sales were ¥4.73 trillion.
Sales at Sumitomo Mitsui Financial Group Inc have increased during each of the previous five years
(and since 2011, sales have increased a total of 24%).
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
54.6% in 2016, from
¥93.62 billion to ¥144.77 billion.
Sumitomo Mitsui Financial Group Inc also saw significant increases in sales in
Consumer Finance (up 9.2% to ¥1.11 trillion)
Not all segments of Sumitomo Mitsui Financial Group Inc experienced an increase in sales in 2016:
sales of Securities fell 25.6% to ¥368.05 billion.
Sumitomo Mitsui Financial Group Inc also experienced decreases in sales in
Banking (down 3.0% to ¥2.48 trillion)
Leasing (down 2.9% to ¥671.07 billion)